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MOGUL.sg

02 Dec 2021

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💵 How Much Cash Do You Need to Save for Your First HDB BTO Flat?

Is $20k enough? Or $30k? Do you know that you need sufficient cash savings to buy an HDB flat?

And what kinds of cash payments are required in order to complete the purchase?

Comment your experience or share your thoughts below👇

Find out more on Mogul's blog: https://www.blog.mogul.sg/post/how-much-cash-do...

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1M45

Edited 02 Dec 2021

Just have $50k in the bank each. Both husband & wife 50-50. Will be more than enough for any type of BTO. All the math, headache😆

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Hi David, may I know on average how much downpayment for mortgage do I need to pay for a normal HDB BTO or HDB resale flat?

Up to S$230,000 in HDB grants may be available to eligible first-time couples, but how much difference does this really make when choosing between a BTO and resale flat?

FROM TOMORROW - 9TH MAY, HDB BTO / RESALE FLAT BUYERS WILL NEED HDB FLAT ELIGIBILITY (HFE) LETTER

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